Bonds
Latest bond tender of NZ$200 mln received bids for NZ$663 mln with an average weighted yield of 4.5469% (previously 4.4509%)
28th Nov 13, 2:09pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 510 held on November 28, 2013.
Tender Date: Thu, 28 November 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 3 December 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 200 |
| Total Number of Bids Received | 47 | 38 |
| Total Amount of Bids Received ($million) | 663 | 557 |
| Total Number of Successful Bids | 15 | 7 |
| Highest Yield Accepted (%) | 4.560 | 4.455 |
| Lowest Yield Accepted (%) | 4.530 | 4.440 |
| Highest Yield Rejected (%) | 4.685 | 4.590 |
| Lowest Yield Rejected (%) | 4.560 | 4.455 |
| Weighted Average Accepted Yield (%) | 4.5469 | 4.4509 |
| Weighted Average Rejected Yield (%) | 4.5998 | 4.4914 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 57 | 86 |
| Coverage ratio | 3.315 | 2.785 |
*Individual allotments may vary due to rounding.
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